A message to all bobos

The maximum at which you can prevail is 4400 and that is an EXTREMELY unlikely scenario.

Despite that crypto was a bubble at 19k, it's small time compared to out there. Crypto will be competing against a stock market bubble, a housing bubble and a bond bubble. Markets that are well into the trillions and are all propped up by debt. All it needs is interest to kick in and create massive dominos of defaults causing, each market to turn the other way. A deflationary collapse will begin and it will be interconnected with all of the world's financial systems. When that happens the government will have to start hyperinflating their currency or suffer a civil war fueled by austerity.

In case of the first: Normies will rush to any tangible asset to venture off the hyperinflation. Cryptos that are ready for transacting with your smartphone and tablet will gain actual adoption

In case of no hyperinflation everybody will move their assets gold, silver and crypto, since those are markets that have not been propped up and check all the boxes for being money. I'm not even gonna talk about the reserve ratios they use with futures for metals.

It already has started happening.
Interest rates in italy spiked from near 0 to 2% overnight.
Russia dumped 50% of its us tressury bonds this july
In california there have constantly been more and more discounts on housing

You do the math for once

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this.
tick tock motherfuckers.

what do you do when everyone turns bear?

hmmmmmmmmmmmmmmmmm

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Erdogan winning thr election might be the black swan event for markets this monday, I mean you basically just saw the Ottomans vote for the anti-christ for life, that’s pretty bearish.

BOBOS?
krupi is that u

back to plebbit u go

t. roach

More like, "crypto is going to tank during the recession when everyone sells in order to park their money in safer assets."

>safer assets

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Route 666 everyone, hop on.